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KLONDEX MINES LTD. T.KDX

"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."


TSX:KDX - Post by User

Post by diceroll777on Jan 10, 2018 10:05am
155 Views
Post# 27322263

Dif blog

Dif blogSaw this commentary on another blog. He sees it pretty positive.


Best news possible. True north was a drag. They will still make their numbers. Now they can concentrate on the Nevada operations. Bet we open down tomorrow and close up on the day. The net impact on future earnings and cash flow will be possitive. The analysts were already counting true north as a negative. They may very well release production numbers before the open tomorrow with 2018 guidance to soften the blow. We are way better off going toward without true north. They will never go back to full production there. It will be dressed up and sold for more than they paid for it, probably enough more to pay back the Capex spend too. Just my opinion. We'll see what the market thinks over the next few days.

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